FormFactor (NASDAQ:FORM) Shares Up 9.1% – Should You Buy?

Posted by Stanley Muller on Nov 11th, 2026

FormFactor, Inc. (NASDAQ:FORM – Get Free Report) shares traded up 9.1% during mid-day trading on Wednesday. The stock traded as high as $94.76 and last traded at $93.4110. 136,187 shares were traded during trading, a decline of 92% from the average session volume of 1,656,006 shares. The stock had previously closed at $85.63.

Analyst Ratings Changes

A number of research firms have recently weighed in on FORM. Stifel Nicolaus set a $115.00 target price on FormFactor in a report on Tuesday, October 13th. Evercore set a $150.00 price target on shares of FormFactor in a report on Thursday, July 30th. TD Cowen increased their price target on shares of FormFactor from $100.00 to $110.00 and gave the company a “hold” rating in a research report on Thursday, October 29th. Freedom Capital upgraded shares of FormFactor from a “hold” rating to a “strong-buy” rating in a report on Monday, November 2nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of FormFactor in a research report on Tuesday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $133.25.

Get Our Latest Stock Analysis on FORM

FormFactor Stock Up 14.2%

The company has a 50 day moving average price of $113.09 and a two-hundred day moving average price of $113.69. The stock has a market cap of $7.67 billion, a PE ratio of 44.60 and a beta of 1.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.68 and a quick ratio of 3.02.

FormFactor (NASDAQ:FORM – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The semiconductor company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.18. FormFactor had a net margin of 17.72% and a return on equity of 18.40%. The firm had revenue of $280.55 million during the quarter, compared to the consensus estimate of $270.52 million. During the same quarter in the previous year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 38.4% compared to the same quarter last year. Analysts expect that FormFactor, Inc. will post 2.96 EPS for the current year.

Insider Buying and Selling

In other FormFactor news, CEO Mike Slessor sold 17,510 shares of the firm’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $104.73, for a total value of $1,833,822.30. Following the completion of the transaction, the chief executive officer owned 466,694 shares of the company’s stock, valued at approximately $48,876,862.62. This trade represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelley Steven-Waiss sold 2,100 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $96.10, for a total value of $201,810.00. Following the completion of the sale, the director owned 24,426 shares in the company, valued at approximately $2,347,338.60. This represents a 7.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 46,710 shares of company stock valued at $5,520,564 in the last three months. 0.79% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. USS Investment Management Ltd grew its position in FormFactor by 42.9% during the third quarter. USS Investment Management Ltd now owns 5,000 shares of the semiconductor company’s stock worth $747,000 after buying an additional 1,500 shares during the period. Private Advisor Group LLC acquired a new stake in FormFactor in the third quarter valued at $300,000. Voya Investment Management LLC grew its stake in FormFactor by 968.6% in the 3rd quarter. Voya Investment Management LLC now owns 268,796 shares of the semiconductor company’s stock valued at $40,134,000 after acquiring an additional 243,642 shares during the last quarter. Bogart Wealth LLC acquired a new position in FormFactor during the third quarter worth about $38,000. Finally, Public Sector Pension Investment Board raised its position in shares of FormFactor by 18.6% in the 3rd quarter. Public Sector Pension Investment Board now owns 317,678 shares of the semiconductor company’s stock worth $47,433,000 after buying an additional 49,810 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

FormFactor Company Profile

(Get Free Report)

FormFactor, Inc. designs and manufactures testing and measurement products used in the development and production of semiconductor devices. Its offerings include probe cards, which connect test equipment to semiconductor wafers, as well as probe stations and related systems for electrical and thermal characterization. The company’s products support testing at multiple stages of semiconductor development and manufacturing, including work on advanced integrated circuits and other complex devices. FormFactor serves customers around the world, including semiconductor manufacturers and research organizations.